Page:United States Statutes at Large Volume 74.djvu/81

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[74 Stat. 41]
PUBLIC LAW 86-000—MMMM. DD, 1960
[74 Stat. 41]

74 S T A T, ]

41

PUBLIC LAW 86-423-APR. 9, 1960

in section 2 hereof are hereby conveyed to the Navajo Indian Tribe, and such land shall not, because of Indian ownership, be subject to any exemption from taxation or to any restriction on use, management, or disposition. SEC. 2. The lands are described as follows: A plot of land containing 81.33 acres, more or less, lying in the west half of section 30, township 17 north, range 12 west. New Mexico principal meridian, being more particularly described as follows: Beginning at the quarter corner on the west side of section 30; thence south 00 degrees 10 minutes 11 seconds east along the section line 1,186.8 feet; thence east 1,939.6 feet; thence north 1,210.2 feet; thence north 15 degrees 44 minutes east 476.2 feet; thence west 202.1 feet; thence north 145.1 feet; thence west 1,873.6 feet to a point on the section line between said section 30 and section 25; thence south 00 degrees 10 minutes 11 seconds east 624.6 feet to the place of beginning, containing 81.33 acres, more or less. All points are marked by an iron stake surrounded by a mound of rocks. Approved April 9, 1960.

Public 86-422 AN ACT To reduce the cabaret tax from 20 percent to 10 percent. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That paragraph (6) of section 4231 of the Internal Revenue Code of 1954 (relating to imposition of tax with respect to roof gardens, cabarets, and other similar places) is amended by striking out "20 percent" and inserting in lieu thereof "10 percent". SEC. 2. The amendment made by the first section of this Act shall apply only with respect to periods after 10 antemeridian on the first day of the first month which begins more than 10 days after the date of the enactment of this Act. Approved April 8, 1960.

April 8, 1960 [H, R. 2164]

Cabaret tax. 68A Stat. 498. 26 USC 4231.

Public Law 86-423 AN ACT Relating to the preservation of acreage allotments on land from which the owner is displaced by reason of the acquisition thereof by a Government agency in the exercise of the right of eminent domain.

April 9, 1960 [H. R. 8343]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 378(a) jn^^t^^^rese°^' preservaof the Agricultural Adjustment Act of 1938, as amended (7 U.S.C. Hon? ^' ^'*^° 1378(a)), is amended by adding at the end thereof the following new ^^ Stat. 995. sentence: "The former owner of land acquired as described in this subsection shall not be considered for the purposes hereof to have been displaced from such land during any period for which such land is leased to such former owner: Provided, That the occupancy of the former owner under the lease follows immediately after his occupancy as owner: And provided further, That if a former owner has been displaced prior to the effective date of this amendment and no allotment from the land owned by such former owner has been transferred from the allotment pool and such former owner leases the land